June 19, 2009
TMW Launch 1 Year Fixed Deal at 2.99%
The Mortgage Works (TMW) has launched new one-year fixed and tracker rate mortgages on its buy-to-let range.
The products include a one year tracker mortgage at 2.99%, up to 60% loan-to-value (LTV) with no early repayment charge and a 3.5% arrangement fee, and a new one-year fixed-rate deal at 4.25% up to 70% LTV and with a 2.5% arrangement fee.
There is also a new one-year tracker for remortgage business only at 3.99% up to 70% LTV with a 3.25% arrangement fee.
A spokeswoman for TMW commented: "The one-year products are all about giving brokers extra choice when it comes to finding suitable products for their clients, and will be offered alongside our wide range of two-year fixed and tracker rate deals."
